Synthetix is a perpetual futures exchange running on Ethereum, listing crypto markets across 10 perpetual contracts.
Fees for the default Regular User tier are 0.050% taker and 0.020% maker, calculated on the notional value of each trade and charged in USDT; rates fall as 14-day trading volume rises, reaching 0.017% taker at the top tier. Funding is charged hourly and applied automatically to a subaccount's USDT balance, based on the gap between a perpetual's mark price and its index price.
No identity verification is required to trade, though Synthetix restricts access from 20 jurisdictions. The exchange is backed by its SNX token, and its referral program pays referrers 25% of the trading fees generated by referred users, with referees getting a 5% fee discount; rewards accrue daily and can be claimed once a wallet holds at least $50.


No, Synthetix does not require identity verification.
Synthetix runs on Ethereum.
The default Regular User tier pays 0.050% taker and 0.020% maker, with rates falling as 14-day volume rises, down to 0.017% taker at the top tier.
Referrers earn 25% of the trading fees generated by referred users, and referees get a 5% discount on trading fees once they enter a referral code at account creation.
Yes, Synthetix's token is SNX.
No, Synthetix restricts access from 20 jurisdictions.